The countdown has begun to the 31 January Self Assessment deadline, with just days left for anyone with an outstanding 2011-12 tax return to send it online to HM Revenue and Customs (HMRC).
If you send your return late, you’ll receive a £100 penalty – even if you have no tax to pay or you pay your tax on time. The longer you delay, the more you’ll have to pay, as further late-filing penalties kick in after three, six and 12 months.
The end of January is also the deadline for paying any tax you owe for the 2011-12 tax year.
We can assist you in completing your tax return and make sure you’re claiming everything you’re entitled to. For further information please contact us on 0845 351 0381 or visit our website www.davenportsaccountancy.co.uk